Or allow the individual to partner and take an equitable share of the profits until I can pay them off. 

Cashflow is bigger.Profit is bigger.Done right, management is actually less than houses.I typically make $400K-$600K profit per multi-unit apartments, in addition to the cashflow on a monthly basis.

I'd look at a CPA Audited tax returns and CPA Audited profit & loss before going forward.

Thanks in advance.Go find someone in the biz and talk to them - if you know nothing about the industry dont be greedy and think due to providing the land that you'd deserve a huge chunk of the profit - all the work/profit is in the operations/management of people.  

Profit post-sale after accounting for all expenses may be around $30-60K.

You could see if they could provide the funds for the down payment, you do the ground work, and split the profits at the end.

Almost a year since I sold my tow “accidental” rentals for some decent profit.

Are you interested in rehabbing homes and selling them for a profit?

I fear this may be my biggest hurdle while getting started.The AskAre there relationships where a wholesaler has a contractor to estimate the repair cost of properties and the wholesaler give the contractor a portion of the profits for the properties that are sold?

If property taxes are $10K per year and they live there for 10 years 'rent' free, that uses some of that 'profit'.